Reliance Industries Mukesh Ambani has been one of the biggest businessmen working for his consumers. Chairman of India’s largest private sector company, did it once again with Reliance Retail this time. The Company added a stunning 13 million loyal customers to its network of retail stores. The reliance stores see a footfall of over 2.5 […]

Capital Investment in Solar Industry projected at $2.3 billion in 2013 The solar industry has been sick in the last couple of years as massive over-investment has made it economically viable activity for many players. Continued financial strain made it impossible for companies to spend money on equipment, and they did not have the money […]

BASEL II BASEL II is a new capital adequacy framework designed by the BASEL Committee of Banking Supervision. It is mandated for all the scheduled commercial banks in India by the apex bank, Reserve Bank of India (RBI) to safeguard the banks from going bankrupt and to help them maintain adequate liquidity. BASEL Capital Accord […]

Micro Small and Medium Enterprise The Micro Small and Medium Enterprise (MSME) sector in India is quintessential to achieving the targeted growth rate of our nation. The sector nurtures and breeds budding entrepreneurs and irrigates innovation at its most rudimentary level. By and large, MSME has made a tremendous contribution towards the development and growth […]

The Reserve Bank of India in its recent monetary policy review has announced a rate cut by 25 basis points. The benchmark interest rate has been reduced from 7.75% to current 7.5%. A similar move that was seen in January by RBI was seen this time too, when the bank made the rate cut announcement. […]

Reliance Industries Limited (RIL) RIL is an Indian conglomerate company Headquartered in Mumbai, Maharashtra India RIL is one of the largest publicly traded company in India by market capitalization Second largest company in India by revenue after Indian Oil Corporation Ltd. (IOCL) India’s largest private sector company by revenue and profit Ranked 99th on Fortune Global 500 list of the world’s biggest corporations for […]